This agreement establishes an integrated industrial complex in the Qantara West Industrial Zone, spanning 80,000 square meters. The project represents a $20 million investment (equivalent to one billion Egyptian pounds) and is expected to create 2,000 direct job opportunities.
The project aims to export 80% of its production and supply
20% to the local market, with an anticipated annual output exceeding 22 million
pieces. The factory is slated to open by the end of 2026. Cui Hailong,
COMFILY's chairman, signed the contract in the presence of several SCZONE
leaders.
COMFILY Hong Kong Co., Ltd. is the sister company of Henneway
Travel Products, sharing the same owner. This owner will also establish a second
project in Qantara West to produce all types of bags, particularly for global
brands like "Samsonite." This new facility will complement the first
factory, currently under construction in the same area, by providing essential
raw materials and supplies. The first factory is expected to begin trial
operation by the end of 2025, with full operation planned for the first quarter
of 2026.
Gamal El-Din affirmed that the Qantara West Industrial Zone
is a successful model for attracting specialized investments, having
transformed into an integrated industrial zone with a distinguished global
standing. He emphasized that Qantara West's unique geographical location, near
the Canal governorates, makes it ideal for labor-intensive projects, offering
significant opportunities for industrial growth. The continuous influx of
projects in Qantara West reflects SCZONE's success in deepening local industry
and supporting global supply chain integration.
He further clarified that this new contract raises the total number of projects in the Qantara West Industrial Zone to 22, with combined investments totaling approximately $623.5 million. These projects are set to provide over 32,600 direct job opportunities, signaling increasing confidence from both local and foreign investors in the Economic Zone's investment climate.